2026-07-22T16:59:02+00:00 2025-09-30 580692043 Mauldin & Jenkins LLC 1401 Manatee Avenue West Suite 1200 Bradenton FL 34205 990 2024-10-01 237362760 Florida Studio Theatre Inc FLOR 9413087595 1241 North Palm Avenue Sarasota FL 34236 Rebecca Hopkins COO 9413087595 2026-07-22 true true Brian Carter P00536712 9417474483 2026-06-16 2024 2025-03-06 01:10:19Z Rebecca Hopkins 1241 North Palm Avenue Sarasota FL 34236 18581296 false X www.floridastudiotheatre.org X 1974 FL To make theatre affordable and accessible to as many people as possible, to foster positive change in our community and beyond, and to operate within and for the public trust. 10 9 308 307 88840 0 10576687 5582388 7308721 7887980 391993 797994 208056 351323 18485457 14619685 0 0 5370507 5865012 0 533393 5468335 5972973 10838842 11837985 7646615 2781700 65875994 71428021 4451055 4447008 61424939 66981013 X Florida Studio Theatre holds the following mission: To make theatre affordable and accessible to as many people as possible; to present theatre that challenges with as much gusto as it entertains; to create a public forum for the issues of our day that will foster positive change in our community and beyond; to operate within and for the public trust. false false 7790685 5983618 Theater Productions: Mainstage is FST's flagship program, producing the best contemporary American theater by presenting plays that speak to a living, evolving, dynamically changing world. Stage III is dedicated to the presentation of socially significant productions, stimulating audiences by presenting challenging content to audiences who might not otherwise participate in theatrical events. In accordance with its mission point "to make theatre affordable and accessible to as many people as possible," FST staunchly believes that theatre should not be a privilege of the few, but should benefit everyone. FST is able to maintain reasonable ticket prices; the average amount that a person will pay for a 3-play subscription to the Mainstage series is $79, or $26.33 per show. 1553574 1731411 Cabaret Concessions: FST Cabaret was established to develop new audiences who might not otherwise participate in theatrical events. Offering restaurant and beverage service, the Cabaret provides a relaxed, inviting atmosphere for people who are new to the performing arts. Its warm, welcoming space reduces social barriers to theatre and encourages communication and intimacy. 753186 172951 Education and Touring: The Write a Play touring program impacts students in grades K-12, with a special emphasis on underserved youth throughout Florida. During the course of a school year, FST's tours inspire 47,000 children and teens to write their own original plays through the Write a Play arts in education initiative each year. FST's education program offers children and adults a wealth of opportunities to discover their creativity. Classes are offered each week to students aged 5-95 in theatre, dance and music. Accessibility is ensured through programming for financially disadvantaged, physically and mentally challenged youth and adults. FST's "Children's Scholarship Program" provides about 15% of youth with full or partial tuition waivers, and adult work/scholarships in which prices are reduced in exchange for volunteer hours with the theatre, and are available to those with a need. 88903 88903 10097445 true true false false false false false false false true true true false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false true 171 0 true 308 true true true false false false false false false false false false false false X 10 9 true false false false false false false true true false false false true true true true true true true true false false FL X Richard Hopkins 9413669017 1241 N Palm Ave Sarasota FL 34236 DENNIS MCGILLICUDDY President 2.0 X X 0 0 0 PATRICIA COURTOIS Secretary/Treasurer 2.0 X X 0 0 0 RICHARD HOPKINS Vice President 40.0 X X 90615 0 24635 CHARLES WILLIAMS Trustee 2.0 X 0 0 0 CHERYL GORELICK Trustee 2.0 X 0 0 0 DOUG HOLDER Trustee 2.0 X 0 0 0 EUAN FANNELL Trustee 2.0 X 0 0 0 GAELE BARTHOLD Trustee 2.0 X 0 0 0 GEORGIA COURT Trustee 2.0 X 0 0 0 NEIL COMBER Trustee 2.0 X 0 0 0 REBECCA HOPKINS Managing Director 40.0 X 204528 0 25801 JILL ZAKRZEWSKI General Manager 40.0 X 111520 0 6199 406663 0 56635 2 false true false C Alan Anderson 3908 Midland Rd Sarasota FL 34231 Architectural Design 241966 PALM PRINTING 6001A BUSINESS BLVD SARASOTA FL 34240 PRINTING 192265 GANNETT FLORIDA LOCALIQ PO BOX 631244 CINCINNATI OH 452631244 ADVERTISING 117776 3 332487 5249901 5582388 THEATER PRODUCTIONS 711110 5983618 5983618 CABARET CONCESSIONS 711110 1731411 1731411 EDUCATION AND TOURING 711110 172951 172951 0 0 0 0 7887980 805223 805223 117693 117693 0 117693 88840 28853 3939822 14560 3961135 476 -21313 14084 -7229 -7229 Insurance Proceeds 900099 144727 144727 Miscellaneous 900099 88903 88903 0 0 0 0 233630 14619685 7887980 88840 1060477 623455 525792 50527 47136 4436982 3741940 359587 335455 263555 222270 21359 19926 137811 116223 11169 10419 403209 340048 32677 30484 13516 13516 29900 29900 49937 49937 21917 0 21917 0 830266 755141 88 75037 284118 3552 280566 1107097 985038 122059 233250 233250 746819 545178 186705 14936 449681 449681 THEATER PRODUCTION 1542180 1542180 CONCESSIONS 533689 533689 MATERIALS AND SUPPLIES 66847 66847 Rent and Housing 28862 28862 34894 7754 27140 0 11837985 10097445 1207147 533393 268346 586611 146393 228517 6578796 4973606 16081 1237292 0 0 0 0 30287 22460 267705 393141 23952418 7474079 16274591 16478339 42152623 47388162 0 141172 119893 65875994 71428021 572638 409967 3863131 4022234 0 0 15286 14807 4451055 4447008 X 33111412 36600674 28313527 30380339 61424939 66981013 65875994 71428021 2781700 2774374 0 X X false true true false X 9802813 10269559 4727781 10576687 5582388 40959228 2125732 6184870 7151754 7308721 7887980 30659057 0 0 0 11928545 16454429 11879535 17885408 13470368 71618285 0 0 322303 2647058 220230 3189591 0 0 0 0 0 0 0 0 322303 2647058 220230 3189591 68428694 388876 428288 706562 588990 834076 2946792 62991 34604 34777 17413 0 149785 451867 462892 741339 606403 834076 3096577 0 0 0 115356 54182 233630 403168 12380412 16917321 12736230 18545993 14538074 75118030 0.91095 0.91918 0.04 0.04 X Schedule A, Part III, Line 12 Other Income DESCRIPTION - MISCELLANEOUS INCOME, COLUMN A - , COLUMN B - , COLUMN C - 115356.0, COLUMN D - 54182.0, COLUMN E - 233630.0, COLUMN F - 403168.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4913255 1800 513983 513983 4915055 4911455 1800 754103 754103 4913255 4858280 53175 435192 435192 4911455 4793663 58067 122248 115698 4858280 4691821 101842 105535 105535 4793663 0.0 1.0 0.0 false false 1864425 1864425 20735396 6627706 14107690 1114044 706637 407407 238553 139736 98817 16478339 Closely-held equity interests Financial derivatives Investments 47388162 F 47388162 Federal Income Taxes SECURITY DEPOSITS 14807 14807 X 17445367 2774374 101245 0 2875619 14569748 49937 0 49937 14619685 11889293 101245 0 101245 11788048 49937 0 49937 11837985 Schedule D, Part V, Line 4 Intended uses of endowment funds The Theatre has two endowment funds: a State Matching Endowment Fund and a General Endowment Fund. Earnings from the State Matching Endowment Fund are available for operations of the Theatre. The General Endowment Fund contains other assets of the Theatre that are to be invested to provide income to support operations and achieve growth of principal modestly greater than inflation. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Theatre qualifies as a charitable organization as defined by Internal Revenue Code Section 501(c)(3) and, accordingly, is exempt from federal income taxes under Internal Revenue Code Section 501(a). However, the Theatre is subject to income tax on unrelated business income. For the year ended September 30, 2025 the Theatre incurred no income tax expense. It is the Theatre's policy to account for any uncertainties in income tax law in accordance with FASB ASC 740-10, Accounting for Uncertainty in Income Taxes. ASC 740-10 clarifies the accounting for uncertain income tax positions and requires that the Theatre recognize the impact of such a tax position in its financial statements if, upon ultimate settlement, that position is more-likely-than-not to be sustained. Management has evaluated the Theatre's tax positions and concluded that the Theatre has maintained its tax-exempt status and has taken no uncertain tax positions that require adjustment to the financial statements. As a result, no provision or liability for income taxes has been included in the financial statements. The Theatre files a 990 Return of Organization Exempt from Income Tax. X X false false false false false false false false false REBECCA HOPKINS Managing Director 204528 0 0 0 0 0 21907 0 3894 0 230329 0 0 0 Form 990, Part III, Line 4a-4c Description of program services (Expenses $ including grants of $)(Revenue $ 88,903) Form 990, Part VI, Line 2 Family/business relationships amongst interested persons RICHARD HOPKINS, VP AND REBECCA HOPKINS, MANAGING DIRECTOR ARE MARRIED. - Family relationship Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is reviewed by the Director of Finance and Managing Director. It is then reviewed by the Finance committee. Form 990, Part VI, Line 12c Conflict of interest policy The board of directors review all policies annually. Form 990, Part VI, Line 15a Process to establish compensation of top management official All compensation is determined by an Executive Compensation Committee. Form 990, Part VI, Line 19 Required documents available to the public Documents are made available upon request. Form 990, Part XII, Line 2c Change of oversight process or selection process THIS PROCESS IS UNCHANGED FROM THE PRIOR YEAR.